"We’re going to have insurance for everybody. There was a philosophy in some circles that if you can’t pay for it, you don’t get it. That’s not going to happen with us. It’ll be another plan. But they’ll be beautifully covered.
Turkish Airlines Flight 6491, a cargo plane, has crashed into a residential area near the Kyrgyzstan capital of Bishkek, killing at least 20 people and injuring others, according to local authorities say. The Boeing 747 was flying from Hong Kong to Manas International Airport, which is located just northwest of the Kyrgyz capital Bishkek.
The absolute disconnect of asset prices from economic activity is and will continue to be unlike anything we have seen. This is no more of a "free market" than shooting a cow in a pasture is "hunting". "Invest" accordingly, but know full well the ill gotten gains will one-day, someday, sooner than later, be entirely gone and we'll all know what it felt like to be Bernie Madoff clients.
A problem has emerged as Wall Street scrambles to trade on Trump tweets: while HFT strategies can quickly identify that a stock was referenced in a tweet, isolating if the actual message is bullish, bearish or indifferent presents a major challenge.
The stock market has been on quite a roll in recent weeks, but signs of trouble continue to plague the real economy. Even though economic conditions appeared fairly stable throughout 2016, our long-term problems just continued to get even worse. So the truth is that we are more primed for a major crisis today than we have been at any point since the last recession.
Drug stocks, Boeing, Lockheed, and automakers under pressure but the whole market appears to be derisking as Donald Trump's press conference which so far has not had any discussion of a border tax, a stimulus, or anything else dollar positive which risk bulls had expected.
European and Asian shares, the dollar and crude all rose before President-elect Donald Trump’s first press conference since July at 11am on Wednesday, while S&P futures are little changed. Surging raw-materials stocks sent Asian stocks higher. Oil rebounds from the lowest level in a month.
If, however, in the absence of a violation of the treaty by Iran, we tore up the deal, we could find ourselves isolated. For Britain, France and Germany also signed, and they believe the agreement is a good one. Do we really want to force these NATO allies to choose between the deal they agreed to and a break with the United States?
There are reasons to believe that 2017 will be the year when tensions in the Old Continent are reduced. The Russian Foreign Ministry has just confirmed this view in a statement. But Poland seems to be marching out of step.The JASSM-ER deal is a highly provocative step towards Russia undermining the security of Europe and positioning Poland at the frontline of the arms race.
Both countries would lose in a full-blown trade war, but it is the United States that has the upper hand. Trump understands this, which is why he is pushing China to get a better deal for America. If China also understands it’s in a weaker position, it will be able to avoid a lose-lose scenario.
– Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY – Gold gains in CNY, INR & most emerging market currencies – Gold surges 31.5% in British pounds after Brexit shock – Gold acted as hedge and safe haven in 2016 … for those who need safe haven
Making news and issuing statements on Twitter, Facebook and Instagram will “absolutely” continue, incoming White House press secretary Sean Spicer told ABC’s “This Week” saying that Trump will "boldly use" Twitter to make major policy announcements and adding that "with all due respect, I think it freaks the mainstream media out."
Having America publicly reassert herself as Israel’s best friend, with “no daylight” between us, could have us ending up as Israel’s only friend - and Israel as our only friend in the Middle East. Bibi’s Israel First policy must one day collide with America First.